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5 y

Roger Ver shares why Bitcoin lost its way and coins like Litecoin [LTC] have become so popular

In the recently concluded Coinsbank Blockchain Cruise, Roger Ver shared his views on Bitcoin [BTC], Bitcoin Cash [BCH] and Litecoin [LTC]. According to AMBCrypto report, Ver stated that he got into cryptocurrency for because of the inspiration he got from science fiction stories and how using cryptocurrencies, it could be implemented. The Bitcoin.com CEO believes that cryptocurrencies enable the marriage of computer science engineering and economics. While discussing digital assets, he spoke about how it can change the society and advantages countries can enjoy using cryptos. According to Ver, digital assets can result in higher per capita income, higher literacy rate, increased life expectancy, and reduce in corruption rates and bribery. Ver also believes that economic freedom of countries plays a crucial role in cryptocurrency adoption. Adding to it, he said that countries like Hong Kong, Singapore, and New Zealand that enjoy financial leeway, results in cryptocurrency adoption.

Roger Ver on Bitcoin, Bitcoin Cash & Litecoin

The CEO of Bitcoin.com shared why BTC was so popular in 2011, why cryptocurrency suffered in 2018 and reasons why other coins are doing well. According to him, BTC lost its way and therefore coins like Litecoin [LTC] have become so popular. He added, in 2018, BTC  was not a peer to peer network and had high transaction fees. “Can you believe it? The BTC core developers totally forgot what the original Bitcoin stood for. Last year the transactions on the blockchain had an average transaction fee of $50. That is crazy!” he exclaimed. “The BTC core developers understand the software code but do not understand the economics code.” He concluded the presentation at the conference mentioning the advantages of Bitcoin Cash [BCH]. Ver believes, BCH allows people to enforce property rights and helps in making it easier for people planning to start a business. See also: Roger Ver releases video without permission on a Bitcoin (BTC) & Bitcoin Cash debate Bitcoin Cash (BCH) gets access to 21,000 New Locations through Netcoins Image via Shutterstock Join our Telegram group
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Shiba Inu Whales Exiting From Exchanges: Is This Bullish? On-chain data shows the Shiba Inu whales have been withdrawing from exchanges recently. Here's what this could mean for SHIB's price.
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Aave: Is a rally on the cards? In a recent post on X (formerly Twitter), on-chain analytics firm Santiment said that the price of Aave [AAVE] might not reflect the...
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Aave: Is a rally on the cards? In a recent post on X (formerly Twitter), on-chain analytics firm Santiment said that the price of Aave [AAVE] might not reflect the...
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Meme Coin Launches Advertising Blitz Get the latest crypto and stock market news. Stay up-to-date with the latest trends and developments.
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Major Japanese Exchange Adds Support for Shiba Inu (SHIB) Coincheck has announced the addition of Shiba Inu (SHIB) to its trading services
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U.S. CFTC Approves Bitcoin Futures Platform Bitnomial's Derivatives Clearing Application The commissioners discussed issues like conflict of interest before ultimately voting in favor of the margined bitcoin futures company.
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U.S. CFTC Approves Bitcoin Futures Platform Bitnomial's Derivatives Clearing Application The commissioners discussed issues like conflict of interest before ultimately voting in favor of the margined bitcoin futures company.
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FTX Receives Authorization to Sell Billions Worth of BTC, ETH, and Sol FTX's legal team filed a request with the U.S. Bankruptcy Court for the District of Delaware, seeking approval to trade their cryptocurrency assets to repay creditors.
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Bitcoin vs. Marx: Two Competing Geopolitical Domino Theories Marxism and Bitcoin have one thing in common, the idea that a radical change in the structure of society will happen in a bottom up decentralized fashion. Which of them, if either, will succeed in that goal?
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Cronos, Partner of Crypto.com, to Start Layer 2 Network With Matter Labs The new "Cronos zkEVM chain" is launching initially as a test network, based on Matter Labs’ software tools, which can be used to spin up new layer 2 and layer 3 “hyperchains” atop Ethereum.
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Coins

#
FAV
NAME
PRICE
Portfolio
1H
24H
7D
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1
Bitcoin
Bitcoin
BTC
$ 63 514.20
$ - - - - -
( - - - - - )
Set your amount
OK
+0.01%
+3.18%
-9.49%
2
Ethereum
Ethereum
ETH
$ 3 072.09
$ - - - - -
( - - - - - )
Set your amount
OK
+0.16%
+2.29%
-12.39%
3
Tether USDt
Tether USDt
USDT
$ 1
$ - - - - -
( - - - - - )
Set your amount
OK
0.00%
+0.04%
+0.02%
4
BNB
BNB
BNB
$ 552.57
$ - - - - -
( - - - - - )
Set your amount
OK
+0.38%
+2.76%
-8.79%
5
Solana
SOL
$ 142.98
$ - - - - -
( - - - - - )
Set your amount
OK
+1.79%
+6.02%
-17.15%
6
USDC
USDC
USDC
$ 1
$ - - - - -
( - - - - - )
Set your amount
OK
0.00%
0.00%
0.00%
7
XRP
XRP
XRP
$ 0.503181
$ - - - - -
( - - - - - )
Set your amount
OK
+0.18%
+1.32%
-17.32%
8
Toncoin
TON
$ 6.52
$ - - - - -
( - - - - - )
Set your amount
OK
-0.26%
+6.14%
-10.15%
9
Dogecoin
Dogecoin
DOGE
$ 0.152363
$ - - - - -
( - - - - - )
Set your amount
OK
-0.42%
+2.56%
-21.87%
10
Cardano
Cardano
ADA
$ 0.458984
$ - - - - -
( - - - - - )
Set your amount
OK
+0.40%
+2.44%
-21.60%
11
Shiba Inu
SHIB
$ 0
$ - - - - -
( - - - - - )
Set your amount
OK
-0.26%
+2.85%
-17.08%
12
Avalanche
AVAX
$ 35.04
$ - - - - -
( - - - - - )
Set your amount
OK
+0.06%
+3.05%
-24.02%
13
Polkadot
DOT
$ 6.81
$ - - - - -
( - - - - - )
Set your amount
OK
+0.37%
+2.58%
-18.46%
14
Bitcoin Cash
Bitcoin Cash
BCH
$ 485.97
$ - - - - -
( - - - - - )
Set your amount
OK
-0.01%
+3.88%
-20.66%
15
TRON
TRON
TRX
$ 0.109234
$ - - - - -
( - - - - - )
Set your amount
OK
+0.12%
-0.87%
-9.03%
17
Polygon
Polygon
MATIC
$ 0.680808
$ - - - - -
( - - - - - )
Set your amount
OK
+0.34%
+0.71%
-22.46%
18
NEAR Protocol
NEAR
$ 5.73
$ - - - - -
( - - - - - )
Set your amount
OK
+0.66%
+4.10%
-15.96%
19
Litecoin
Litecoin
LTC
$ 81.26
$ - - - - -
( - - - - - )
Set your amount
OK
+0.08%
+1.12%
-17.54%
20
Internet Computer
ICP
$ 12.78
$ - - - - -
( - - - - - )
Set your amount
OK
+0.60%
+6.55%
-18.00%
21
UNUS SED LEO
UNUS SED LEO
LEO
$ 5.85
$ - - - - -
( - - - - - )
Set your amount
OK
-0.18%
+0.10%
+0.76%